Profit Sharing · DOL Form 5500 · 2024

Sheet Metal Workers Local 46 Annuity Plan Board of Trustees Profit Sharing Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
396
Participants Below avg headcount
83rd
Percentile by assets National rank
$119,382
Avg per participant Near avg balance/head
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Official DOL plan name: Sheet Metal Workers Local 46 Annuity Plan · Sponsored by Sheet Metal Workers Local 46 Annuity Plan Board of Trustees · New York · Construction

$47M in assets, 396 participants

Sheet Metal Workers Local 46 Annuity Plan Board of Trustees's Sheet Metal Workers Local 46 Annuity Plan reported $47M in total assets and 396 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,392 in Construction (9,039 peers)

Coverage in New York

Sheet Metal Workers Local 46 Annuity Plan covers 396 participants in New York, about 50% of the average New York filer (state average ~798 per filing). Assets: $47M.

#7,392
in Construction (9,039 peers)
+8.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Sheet Metal Workers Local 46 Annuity Plan's outsized position by total assets

Sheet Metal Workers Local 46 Annuity Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$47,275,320 Top 17% higher than 83% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Sheet Metal Workers Local 46 Annuity Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local 46 Annuity Plan sits mid-pack in the medium band (396 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local 46 Annuity Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Sheet Metal Workers Local 46 Annuity Plan end-of-year assets rose from $44M in the plan year 2023 filing to $47M in the plan year 2024 filing.
  • Sheet Metal Workers Local 46 Annuity Plan reported participants rose from 371 in the plan year 2023 filing to 396 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 161168659 · Sheet Metal Workers Local 46 Annuity Plan Board of Trustees PY 2024 · Profit Sharing

Sheet Metal Workers Local 46 Annuity Plan · $47M · 396 · 83rd

  • NET $47M
  • BOOK 396
  • VS-ST 83rd
  • BOY Profit Sharing
  • SCH near Ironworkers Local 808 Annuity Fund
  • EBSA ind #7392

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in New York →

Sheet Metal Workers Local 46 Annuity Plan in the asset neighbourhood

Wayne Unc 401(a) Plan$47MIronworkers Local 808 Annuity FundIronworkers Local 808 Annuit…$47MSheet Metal Workers Local 46 Annuity PlanSheet Metal Workers Local 46…$47MAlivia Care, Inc. 403(b) Retirement PlanAlivia Care, Inc. 403(b) Ret…$47MChicago and North Western Railway Company Profit Sharing and Retirement Savings ProgramChicago and North Western Ra…$47M
End-of-year total assets ($M) among Sheet Metal Workers Local 46 Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$47M
Net Income$4M
Employer EIN161168659
Plan Effective Date1981-09-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local 46 Annuity Plan Board of Trustees)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local 46 Annuity Plan Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$47M 21.161838700149225% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $39M $47.3M ▲ +21.2%
Year Plans Participants Total Assets
2022 1 379 $39M
2023 1 371 $44M
2024 1 396 $47M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 46 Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Sheet Metal Workers Local 46 Annuity Plan, Total assets ($B): 0.04727532 · Participants: 396Sheet Metal Workers Local 46 Annuity PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Sheet Metal Workers Local 46 Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Sheet Metal Workers Local 46 Annuity Plan side-by-side with 3 peers →

Sheet Metal Workers Local 46 Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Ironworkers Local 808 Annuity Fund in TN ($47M); by covered participants it is Hawaiiusa Fcu Retirement Plan in HI (395 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (396 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Workers Local 46 Annuity Plan assets move in 2024? ▼
Sheet Metal Workers Local 46 Annuity Plan grew at a solid clip - up 8.5% during 2024, from $44M to $47M. Reported net income was $4M.
How have Sheet Metal Workers Local 46 Annuity Plan Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local 46 Annuity Plan Board of Trustees's sponsor-wide assets grew 21.2%, from $39M to $47M.
Where does Sheet Metal Workers Local 46 Annuity Plan rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local 46 Annuity Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 46 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Ironworkers Local 808 Annuity Fund in TN ($47M, 780 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local 46 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Hawaiiusa Fcu Retirement Plan in HI (395 participants, $62M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161168659.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.